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Union Semiconductor (Hefei) Co (SHSE:688403) Capex-to-Operating-Cash-Flow : 1.65 (As of Mar. 2024)


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What is Union Semiconductor (Hefei) Co Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Union Semiconductor (Hefei) Co's Capital Expenditure for the three months ended in Mar. 2024 was ¥-189.59 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was ¥115.10 Mil.

Hence, Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 1.65.


Union Semiconductor (Hefei) Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Union Semiconductor (Hefei) Co Capex-to-Operating-Cash-Flow Chart

Union Semiconductor (Hefei) Co Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial - 2.11 1.34 0.97 3.38

Union Semiconductor (Hefei) Co Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.97 4.61 3.64 2.24 1.65

Competitive Comparison of Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow

For the Semiconductors subindustry, Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow falls into.



Union Semiconductor (Hefei) Co Capex-to-Operating-Cash-Flow Calculation

Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1188.192) / 351.46
=3.38

Union Semiconductor (Hefei) Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-189.59) / 115.101
=1.65

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Union Semiconductor (Hefei) Co  (SHSE:688403) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Union Semiconductor (Hefei) Co Capex-to-Operating-Cash-Flow Related Terms

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Union Semiconductor (Hefei) Co (SHSE:688403) Business Description

Traded in Other Exchanges
N/A
Address
Hefei Comprehensive Bonded Zone, Xinzhan District, Anhui Province, Hefei, CHN, 230012
Union Semiconductor (Hefei) Co Ltd is a high-end advanced packaging and testing service provider for integrated circuits. It focuses on the field of display driver chips. The company's main business is the front-end gold bumping manufacturing as the core and integrates wafer testing, back-end chip-on-glass, and chip-on-film links to form a full range of display driver chips.

Union Semiconductor (Hefei) Co (SHSE:688403) Headlines

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